Trust Fintech Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 25-03-2024 | 27-03-2024 | 10 per share | 0 | 1200 Shares | NSE SME | N/A | 2024-02-29 18:30:00 | 2024-03-01 18:30:00 | 2024-03-01 18:30:00 | 02-03-2024 |
About The Company
Trust Fintech IPO is a book built issue of Rs 63.45 crores. The issue is entirely a fresh issue of 62.82 lakh shares.
Trust Fintech IPO opens for subscription on March 26, 2024 and closes on March 28, 2024. The allotment for the Trust Fintech IPO is expected to be finalized on Monday, April 1, 2024. Trust Fintech IPO will list on NSE SME with tentative listing date fixed as Wednesday, April 3, 2024.
Trust Fintech IPO price band is set at ₹95 to ₹101 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹121,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹242,400.
Corporate Capitalventures Pvt Ltd is the book running lead manager of the Trust Fintech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Trust Fintech IPO is Ss Corporate Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 20-06-2023 | 3989 | 1883 | 728 | 3446.55 | 2928.06 | -34.32 |
| 20-07-2023 | 3119 | 2270 | 402 | 2718.6 | 2200.11 | -3.8 |
| 20-07-2022 | 1959 | 1800 | 134 | 1516.39 | 997.9 | 118.69 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 121200 |
| Retail (Max) | 1 | 1200 | 121200 |
| HNI (Min) | 2 | 2400 | 242400 |
IPO Listing Details
| Listing Date | 02-03-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Hemant Padmanabh Chafale, Mr. Sanjay Padmanabh Chafale, Mr. Heramb Ramkrishna Damle, Mr. Anand Shankar Kane and Mr. Mandar Kishor Deo.
Contact Information of the Company
Trust Fintech Limited
Plot No. 11/4, I.T. Park,
k, Gayatri Nagar Parsodi,
Nagpur- 440022
Phone: +91 - 9909647348
Email: cs@softtrust.com
Website: https://www.softtrust.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Corporate Capitalventures Pvt Ltd